Welltower Inc. $WELL Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its holdings in Welltower Inc. (NYSE:WELL) by 7.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 85,507 shares of the real estate investment trust’s stock after selling 6,588 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Welltower were worth $15,232,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of WELL. Global Wealth Strategies & Associates purchased a new position in Welltower during the 3rd quarter worth $36,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Welltower by 39.5% in the second quarter. Newbridge Financial Services Group Inc. now owns 307 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 87 shares in the last quarter. Copia Wealth Management purchased a new position in Welltower during the second quarter worth $51,000. NewSquare Capital LLC raised its position in shares of Welltower by 30.2% in the second quarter. NewSquare Capital LLC now owns 362 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 84 shares during the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in Welltower in the 3rd quarter valued at about $59,000. 94.80% of the stock is currently owned by hedge funds and other institutional investors.

Welltower Trading Down 0.1%

NYSE:WELL opened at $186.12 on Friday. Welltower Inc. has a 12 month low of $123.11 and a 12 month high of $209.05. The company has a quick ratio of 5.47, a current ratio of 5.47 and a debt-to-equity ratio of 0.43. The firm has a market cap of $127.74 billion, a price-to-earnings ratio of 128.36, a P/E/G ratio of 1.31 and a beta of 0.86. The company’s 50 day moving average is $192.61 and its 200-day moving average is $175.57.

Welltower (NYSE:WELL) last released its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. Welltower had a return on equity of 2.71% and a net margin of 9.69%.The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the firm posted $1.11 EPS. The company’s revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. Equities analysts anticipate that Welltower Inc. will post 4.88 EPS for the current year.

Welltower Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Tuesday, November 11th were issued a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, November 10th. Welltower’s payout ratio is 204.14%.

Analyst Ratings Changes

WELL has been the subject of a number of research analyst reports. Evercore ISI increased their target price on shares of Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. Wells Fargo & Company lifted their price target on shares of Welltower from $200.00 to $218.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $204.00 price target on shares of Welltower in a report on Monday, January 5th. Morgan Stanley lifted their price target on Welltower from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. Finally, UBS Group cut their target price on Welltower from $232.00 to $228.00 and set a “buy” rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $204.80.

Welltower Profile

Welltower Inc (NYSE: WELL) is a real estate investment trust (REIT) that acquires and manages real estate serving the health care industry. The company specializes in healthcare infrastructure, owning and operating a diversified portfolio of senior housing, post-acute and long-term care communities, and outpatient medical properties. Welltower’s assets are designed to support the delivery of health care services through a combination of leased properties, joint ventures, and other capital arrangements with health care operators and providers.

The company’s property types include assisted living, memory care, independent living and skilled nursing facilities, as well as medical office buildings and other outpatient-care real estate such as ambulatory surgery centers and specialty clinics.